Stephen Alpher

Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Stephen Alpher

Latest from Stephen Alpher


Markets

Coinbase Q2 Earnings Preview: Wall Street Split on Trading Slump vs. Services Growth

Analysts forecast weak second quarter trading volumes for Coinbase but diverge on the stock outlook amid regulatory momentum.

Coinbase (appshunter.io/Unsplash)

Finance

FG Nexus Debuts with $200M Raise and Ether Treasury Strategy on Ethereum's 10th Birthday

The company plans to use the proceeds of the raise to accumulate ether as its primary reserve asset.

(Unsplash)

Finance

Brazil's VERT Capital to Tokenize $1B in Real-World Assets on XDC Network

The deal underscores the growing role of Brazil as a tokenization hub in the region.

Brazil flag (Shutterstock)

Policy

Donald Trump’s ‘Golden Age of Crypto’ Takes Shape With White House Working Group Report

A preview of a White House report on digital assets makes further recommendations to areas already in motion within the Clarity Act to oversee crypto markets and the GENIUS Act for stablecoins.

Donald Trump (Nikhilesh De/CoinDesk)

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Finance

JPMorgan Teams With Coinbase to Let Users Buy Crypto With Bank Accounts, Points and Cards

Credit card support is expected to launch this fall, while rewards redemption and bank account linking are slated for 2026.

JPMorgan Chase Tower Entrance (WhisperToMe/Wikimedia Commons)

Markets

SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs

The decision allows authorized participants to create and redeem ETF shares directly in BTC or ETH, rather than having to use cash.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Finance

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds

The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

DOGE, SOL and XRP Lead Altcoin Losses as Rate Jitters and Leverage Unwind Hit Crypto

Heavy declines across altcoins extended into a second week, while bitcoin and ether showed relative strength amid growing macro uncertainty.

CoinDesk

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Finance

EToro Plans to Tokenize U.S. Stocks on Ethereum in Blockchain Push

The move is part of the firm's broader push towards enabling 24/7 trading with all kinds of assets using blockchain rails.

Magnifying glass over Etoro logo

Policy

Hong Kong Releases Guidance on Strict Rules for Stablecoin Issuers

The Hong Kong Monetary Authority encouraged firms that are fully prepared to apply for a stablecoin license to do so by the end of September.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)